OPEN TEXT CORP acquires EasyLink Services International Corporation

OPEN TEXT CORP acquired EasyLink Services International Corporation for approximately $310 million, a transaction completed in July 2012, structured as all cash. The deal was a Merger.

EasyLink Services International Corporation operates in Information Exchange / Cloud B2B, is based in Norcross, Georgia, United States. EasyLink Services International Corporation provided cloud-based information exchange and supply-chain messaging services. OpenText acquired all of EasyLink's outstanding shares in an all-cash transaction valued at approximately $310 million, inclusive of EasyLink debt.

Open Text acquired all of EasyLink's outstanding shares in an all-cash transaction valued at approximately $310 million, inclusive of EasyLink debt.

Expanded OpenText's cloud-based information exchange offerings. Open Text Information Exchange

On July 2, 2012 Open Text Corporation issued a joint press release with EasyLink Services International Corporation announcing the acquisition of EasyLink by Open Text by way of a merger agreement.Open Text Form 8-K, Item 2.01, July 3, 2012

Advisory firms were not disclosed for this transaction.

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